“By extending SharePoint 2010, Windchill enables everyone -- design
engineers, program managers, and top executives-- to participate in the
product development process in a meaningful way through a familiar
platform,” said Brian Shepherd, executive vice president, product
development, PTC. “This results in better, faster decision-making, which
can ultimately drive a sustained competitive advantage for our
customers.”

Availability

PTC is demonstrating these solutions at the PTC/USER World Event 2010,
from June 6-9 in Orlando, FL. PTC expects these solutions to be
available later this year.

*The timing of any product release, including any features or
functionality, is subject to change at PTC’s discretion.

To learn more about these and other PTC products, visit the products
pages on
www.ptc.com.

PTC (Nasdaq:
PMTC) provides discrete manufacturers with software and
services to meet the globalization, time-to-market and operational
efficiency objectives of product development. Using the company’s CAD,
and content and process management solutions, organizations in the
Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and
Medical industries are able to support key business objectives and
create innovative products that meet both customer needs and comply with
industry regulations. To see PTC products in action go to
http://www.youtube.com/user/ptcstudio.

Except for the historical information contained herein, matters
discussed in this news release may constitute forward-looking statements
that involve risks and uncertainties that could cause actual results to
differ materially from those projected. These include: the effective
coordinate of our joint initiatives with Microsoft; Our ability to
co-develop and integrate technologies that adequately address the PLM
and social development requirements of small, medium and large
businesses and successfully coordinate and manage joint activities with
third parties (including technology integration, development,
implementation and support) in order to deliver products and services
that meet those requirements; as well as other risks and uncertainties
detailed from time to time in reports filed by PTC with the Securities
and Exchange Commission, including the Company’s most recent reports on
Form 10-K and 10-Q. The timing of any product release, including any
features or functionality, is subject to change at PTC’s discretion

PTC and its logo, The Product Development Company, Windchill, Windchill
ProductPoint, Windchill Web Parts, Windchill SPD, Windchill PPMLink and
all PTC product names and logos are trademarks or registered trademarks
of Parametric Technology Corporation and/or its subsidiaries in the
United States and in other countries.